Wall Street Wins as Senate Blocks Consumer Protection Rule

The Senate voted 51-50 to repeal a rule that would have made it easier for consumers to sue the financial institutions that defraud them. The move is “outrageous,” NEP’s Bill Black on The Real News Network. “It should be a national scandal, and require resignations in disgrace.” It can be viewed with a transcript here.

2 Responses to Wall Street Wins as Senate Blocks Consumer Protection Rule

  1. You may also include that many of our social media comment sections on news websites have been removed to possibly prevent the formation of class actions.

  2. Ray LaPan-Love

    Does this mean that lubricants for consumers will not go up in price?